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Visa in Talks to Invest in Fintech Startup Airwallex

  • Other existing investors could also participate in the round
  • Valuation will hold at $5.5 billion from previous fundraising

Payments giant Visa Inc. is in talks to join an extension of the fintech startup Airwallex’s latest funding round, according to people familiar with the matter.

The Tencent Holdings Ltd.-backed startup is seeking to raise $100 million to $150 million in an extension to its series E round, the people said. Some of the startup’s existing shareholders could also participate, said the people, who asked not to be identified because the information is private.